Crypto analyst Crypto Rover has pointed to a trendline that Bitcoin has never broken below in every market cycle. The leading crypto has now touched this trendline, providing optimism that it could bounce from that level as it did in previous bear cycles. Bitcoin Touches Trendline That Has Led To Parabolic Rallies In an X…
Tag: Bitcoin long-term holders
Bitcoin LTH SOPR Indicates Concerning Capitulation Levels — What Does This Mean For Price?
Prominent market analyst with the pseudonym RugaResearch has drawn attention to recent developments with Bitcoin long-term holders (LTH) Spent Output Ratio (SOPR), indicating that these key participants are exiting their positions at a significant loss. Bitcoin LTH SOPR: Quiet Market Divergence The SOPR compares the price at which coins were last moved (cost basis) to…
Bitcoin LTH Stay Calm Amid Volatile Market Swings – Details
Following its price crash in early February, Bitcoin continues to exhibit significant volatility, with prices fluctuating between $60,000 and $70,000. Last week, the leading cryptocurrency saw a sharp rebound towards the 74,000 price level, but was soon followed by a deep retracement to around $68,000. Amid this choppy price movement and lack of market direction,…
Bitcoin LTH Selling Cools: Is Months-Long Distribution Finally Ending?
On-chain data shows Bitcoin long-term holders (LTHs) have seen their netflow rise recently, a sign that selling pressure from diamond hands is easing. Bitcoin LTH Net Position Change Is Becoming Less Negative In a new LTHs. This cohort represents one of the two main divisions of the BTC market done on the basis of holding…
Bitcoin Liquidity Battles Heat Up As Demand Shows First Positive Print
Bitcoin remains range-bound as liquidity clears on both sides, keeping price action indecisive. After months of weakness, demand has finally turned positive, hinting that selling is easing and structural accumulation may be returning. BTC Stays Range-Bound Amid Active Liquidity Clearing Bitcoin remains locked in a range-bound state, characterized by a lack of directional commitment. Currently,…
Bitcoin LTH Supply Rises Again Amid Bearish Market Dynamics
The Bitcoin market experienced a shockingly dramatic weekend, as opposed to the typical silent price action displayed in previous weekends. On Saturday, January 31st, the world’s leading cryptocurrency seemingly led other crypto assets south of the charts, with its price falling from $84,350 to as low as $75,000 in a single swoop. As this unfolded,…
Bitcoin HODLer Selloff Ending? LTH Outflows Decline
On-chain data shows the Bitcoin long-term holder outflows have been declining recently, a potential sign that selling pressure may be fading. Bitcoin Long-Term Holder Netflow Is Getting Less Negative In a new long-term holders (LTHs). The LTHs refer to BTC investors who have been holding onto their coins for a period longer than 155 days.…
Bitcoin Crashes To $98,000 As HODLer Selling Accelerates
On-chain data shows Bitcoin long-term holders have been ramping up their selling recently, a potential reason behind BTC’s fall under $100,000. Bitcoin Long-Term Holders Have Been Booking Profits In a new long-term holders (LTHs). These are referred to as the investors holding their coins for a period longer than 155 days, without selling or involving…
Bitcoin’s $117k Reset Unlocks Path Toward ATH As Bullish Structure Strengthens
Bitcoin is presently valued in the $122,000 price region following an impressive price surge over the last week. Notably, bullish sentiments around the crypto market leader are presently strong as analysts speculate that another accumulation phase may have commenced. On-chain analytics page, Swissblock has now provided an in-depth analysis of the present market situation, with…
The Mobility Advantage: Why Bitcoin’s Portability Makes It Superior To Traditional Gold
Bitcoin and Gold as stores of value often boil down to a single, critical distinction in the digital era of mobility. This portability transforms BTC from just a digital gold narrative into a living, breathing monetary network that gold can never match. According to mhar_leeck’s shift. Build On Bitcoin Powering The Narrative Furthermore, by creating…